Whatever trials and tribulations might have resulted from using gold and silver as money pale in comparison to the results of issuing paper backed by nothing more than the hot air of political speech.
Really? Are you claiming that inflationary and deflationary swings have been more severe since we left the gold/silver standard?
116 posted on 07/08/2006 5:43:28 AM PDT by Toddsterpatriot
(Why are protectionists so bad at math?)
These guys are slick the way they hijacked a thread on mortgages and turned it into one on gold.. It seems to have all happened with post # 108 and the reasoning was that mortgages are credit, credit is trust, and only gold can be trusted.
I see an amazing career opportunities for them in areas such as sales, politics, law, and diplomacy.